5346 Leather Saddle Ln, Spring Hill, FL 34609
3 beds · 2 baths · 2,439 sqft sqft
Welcome to your new Home, located in the amazing, Gated Community of Silverthorn Country Club! This Meticulously-Maintained Home offers 3 Bedrooms, plus a Den, 2 Full Baths, 2 Car Garage, and much more. Lot of upgrades including Paver Bricks and a Full kitchen at the Pool area for your bbqs and entertain Family & Friends . This plan also includes a separate Formal Living Room, Elegant Dining room, over-sized Family Room and large Kitchen with plenty of Cabinets and Counters and Breakfast Nook. Various interior highlights includes easy-maintenance hardwood flooring, high ceilings and crown molding in numerous rooms. Exterior highlights includes 2014 ROOF, 2023 HVAC, new carpet in 2 rooms, New Pool Pump. **EXTRA BONUS** - Silverthorn's amenities offer the Community Center Complex, with Pool, Tennis and Pickleball courts, Fitness center, Playground, etc. Silverthorn Community offers an 18-hole Golf Course, Clubhouse with Legends Restaurant, and Banquet Facilities. Silverthorn HOA dues also includes: Upgraded Cable with free DVR box and DVR service and High-Speed Internet! . Local shopping along Spring Hill Drive are within minutes. The Suncoast Parkway, located within minutes, offers easy access to Tampa Int Airport. Silverthorn's convenient location in ZIP CODE 34609 may appear as Springhill.
Source: STELLAR #t3539714
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #t3539714
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #t3539714